JPMorgan Downgrades GoPro (GPRO) to Neutral; Opportunity in Law Enforcement 'Modest'
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GoPro (GPRO) PT Raised to $60 at Piper Jaffray as Ambarella's Results Bode Well For Strong 2H
September 5, 2014 7:12 AM EDTPiper Jaffray analyst Sean Naughton reiterated an Overweight rating and boosted his price target on GoPro (NASDAQ: GPRO) to $60.00 (from $48.00) saying strong results released by supplier Ambarella (NASDAQ: AMBA) bodes well for the second half. The analyst... More
GoPro (GPRO) Slammed as On-Officer Video Opportunity Laid to Rest
September 4, 2014 3:33 PM EDTSpeculators buying GoPro (NASDAQ: GPRO) on the on-officer video camera hype are running for the hills Thursday after more evidence surfaced suggesting the company will not participate in this red-hot market.
In his... More
Will GoPro (GPRO) Take the On-Officer Camera Market by Storm?
September 2, 2014 8:28 AM EDTSince the unfortunate events surrounding the fatal shooting of Michael Brown in Ferguson, Missouri, on August 9th, one theme has played out well among stock traders - on-officer cameras. Not only could an on-officer video device potentially recorded what transpired that fateful night, but research has shown that police agencies that have trialed or fully deployed on-officer video have seen a 59% reduction in use of force by officers. Traders see the outfitting of millions of police officers around the world as a mega boon for companies... More
